NOT LISTED FOR SALE

49 Lexington Ave Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $965,000 - $1,360,000

4 Beds
3 Baths
2,629 Sq Ft
$447/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $427,500 $163 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $7,475/month

8 Days on Market

About This Home

As of April 2012

MULTIPLE OFFERS. All offers due 4/4/2012 by 4 PM. This GEM is in need of substantial work but will be well worth the investment given its prime location near the ocean, and impressive detailing throughout. Numerous fireplaces, gorgeous mouldings, lovely setting. Large, spacious living areas. A chance to customize the home of yours dreams. Garage needs rebuilding. This is one you do not want to miss. !!! Bank of America pre-approval of proof of funds required.

Last Listed By

Sarah MacBurnie Liporto

Ocean's Edge Real Estate Listed on: 03/29/2012

Ocean's Edge Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,430

Year Built

1925

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Has Basement: Yes
  • Fireplaces: 5
  • Number of Rooms: 9
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2011
Sold by
Mchugh Kathleen
Bought by
Bank Of America Na
Total Days on Market
8
Current Estimated Value
$1,176,414

Purchase Details

Closed on
Mar 2, 2004
Sold by
Mchugh Kathleen
Bought by
Kail Jonathan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
5.58%

Purchase Details

Closed on
May 19, 2003
Sold by
Amalia Helen and Amalia Mette Helen
Bought by
Mchugh Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,800
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bank Of America Na $328,500 --
Kail Jonathan H -- --
Mchugh Kathleen $601,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Robert $200,000
Previous Owner Mchugh Kathleen $478,000
Previous Owner Mchugh Kathleen $249,900
Previous Owner Mchugh Kathleen $480,800
Previous Owner Mchugh Kathleen $60,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $427,500 +4.3% $163 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $410,000 -- $156 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,430 $1,174,700 $394,900 $779,800
2024 $11,430 $1,174,700 $394,900 $779,800
2023 $10,804 $1,020,200 $336,900 $683,300
2022 $10,481 $893,500 $293,000 $600,500
2021 $9,734 $782,500 $266,400 $516,100
2020 $9,758 $791,400 $266,400 $525,000
2019 $9,336 $735,700 $254,000 $481,700
2018 $9,045 $699,500 $247,800 $451,700
2017 $8,773 $665,100 $236,000 $429,100
2016 $8,429 $619,300 $225,700 $393,600
2015 $7,988 $585,200 $220,600 $364,600
Source: Public Records

Agents Affiliated with this Home

  • Sarah MacBurnie Liporto

    Seller's Agent in 2012

    Sarah MacBurnie Liporto

    Ocean's Edge Real Estate

    (978) 337-9955

    74 Total Sales

    Sarah MacBurnie Liporto
    Section Image

  • A

    Buyer's Agent in 2012

    Alice Miller

    Coldwell Banker Realty - Manchester

    (978) 922-1349

    Section Image
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Map

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 71359268

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000039

Massachusetts Essex County Gloucester 01930 Magnolia

49 Lexington Ave, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 49 Lexington Ave, Gloucester, MA 01930 since 29 March 2012 and is currently estimated at $1,176,414, approximately $447 per square foot. This property was built in 1925. 49 Lexington Ave is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

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